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Sunday, November 16, 2025
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Economy

Laos Uncovers Widespread Corruption, Records Billions in Losses Over Five Years

Laos has uncovered widespread corruption cases nationwide over the past five years, identifying 334 individuals implicated in financial misconduct between 2021 and 2025, with total losses exceeding LAK 642.93 billion (nearly USD 30 million), alongside significant losses in multiple foreign currencies.  Khamphanh Phommathat, President of the State Inspection Authority (SIA),...

Lao State Fuel Company Set to Transform into Public–Private Joint Venture

The Lao government is moving to restructure the Lao State Fuel Company (LSFC) into...

EDL-Gen Signs an Agreement to Boost Floating Solar, Carbon Credit Initiatives

On 10 November, Électricité du Laos Generation Public Company (EDL-Gen) signed an agreement with...

National Assembly Calls for Action on Roads, Education, Agriculture

At the 10th Ordinary Session of the 9th National Assembly on 11 November, members...

Construction Begins on National Road No. 2W Upgrade Project Worth USD 10 Million

On 11 November, the Ministry of Public Works and Transport (MPWT) signed a contract...

Authorities Clarify Rising Pork Prices in Vientiane Capital

Authorities in Vientiane Capital have issued a statement regarding an increase in pork prices, saying insufficient supply in neighboring countries has affected Laos. Pork prices...

Laos Slaps Ban on Agricultural Imports to Boost Local Economy

The government of Laos has banned the import of certain types of farm produce, livestock, and fish, hoping to spur domestic production. In an urgent...

Inflation in Laos Reached 5.3 Percent in December 2021

The inflation rate in Laos in December was higher than any other month in 2021, climbing to 5.3 percent. Increasing inflation has had a direct...

Thailand Ships 1,000 Tonnes of Rice to China Via Laos-China Railway

A shipment of 1,000 tonnes of rice from Thailand has been delivered to China via the Laos-China Railway. According to an announcement by Thailand's Agriculture...

Oudomxay Residents Affected by Laos-China Railway Receive Compensation

Some 72 percent of residents in Oudomxay Province affected by the Laos-China Railway have received full compensation. Acting Head of the Oudomxay Provincial Department of...

Laos Sees Trade Deficit of USD 80 Million in December

Laos reported a trade deficit of USD 80 million in December 2021 with imports and exports totaling approximately USD 1.18 billion. According to information from...